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. wind farms and dairy are set to get hit. >> the ports of the east coast and gulf coast are bracing for a potential strike. the potential for this, midnight sunday with a shutdown threatening to threaten 20% of the cargo traffic. >> and instagram feeling the sting of the flap around privacy with users, fleeing the site. how will this impact facebook? >> as we mentioned, dennis berman, "wall street journal" market place editor is joining us here on set once again for the next hour. good to have you back, dennis. lots to talk about between the cliff and other news. >> three days before the u.s. goes over the fiscal cliff, congressional leaders will meet with the president this afternoon. i remember standing on the white house north lawn last month, after leaders met with the president back then. things looked pretty promising. here's what they said after that meeting. >> i believe that the framework that i've outlined in our meeting today is consistent with the president's call for a fair and balanced approach. >> i feel confident that a solution may be in sight. >> it was a construct
bertha. >> good evening. hopefully it will be averted. the director of the port authority is encouraging the authorities and passengers and cargo airlines to work together and resolve their differences. they want more training and better equipment. the port authority says a strike would be disruptive. and software sales rose 17%. results suggest that it hasn't crimped it spending. and a sweet story about a honeymoon at the waldorf astoria 60 years ago. the hotel honors an veries if you have your receive. he and his wife thought it would be nice to have pancakes for breakfast. but the pancakes were at the 2012 rate which is $24 for room service. $21 for the room, $24 for the breakfast. larry, everything goes up, and this was the second time they did it this year. they had a couple that paid $16.80. >> plus the pancakes. but that is a far cry from the pensional suite which is $8,000 a night. >> the nation still looking for answers after the newtown shootings. right now more information about this mass killer. we are about to talk about all of this with two former fbi profiling experts. tha
edition of abc 7 >>> the ports of los angeles and long beach open again. stringing clerical workers reached an agreement last night with the port's 14 shipping lines ending a walk coy in lost trades. the clerk as agreed on a pact providing protection from joby& outsourcing and layoffs. the ports handle 44% of the shipping container traffic. >> economists say prop 30, tax hike approved by voters may slow growth but will not derail recovery. the forecast says jobs will be added more slowly and the state wide jobless rate will improve less quickly. economy yiflts believe personal income won't be as robust as predicted. prop 30 boosts sales taxes a quarter cent and retroactively raises income taxes for the wealthy. >> jazz fans mourning the passing of dave brubeck. brubeck attained pop star acclaim with his album timeout, the first ever million selling kÑÑ0gó;vtv it included classic hit "take five" which you just heard. he was famous for playing in black jazz clubs during the height of segregation. dave brubeck died in connecticut one day short of his 92 birthday. >> with a a gift t
port complex. workers are expected to return to work this morning. clerks at the ports of los angeles and long beach, california had been on strike for eight days. the deal was reached hours after federal mediators entered the talk. the port handles a billion dollars worth of cargo a day. >> the flu season has gotten off to an early jump. and in one county in tennessee, closing classes for the rest of the week. this year's strain of the virus is more severe. >> reporter: if you haven't had your flu shot yet, now is the time. health officials say this is the earliest start of the flu season in nearly a decade. centers for disease control says alabama, louisiana, mississippi, tennessee and texas are all reporting higher than normal cases. >> we usually see flu begin to have an uptick in about four to six weeks from now. so seeing it this early could will predict not only a longer but a more severe flu season. >> federal health officials say the most common strain this year tends to make people sicker than usual but they are encouraged because this year's vaccine seems to protect against
. not as much as massive port strike would if no deal is made before this saturday. some are calling it the port's cliff. that's not the only outrage coming from the unions this week. we are going to discuss that next. free market capitalism, best path to prosperity. this is something they learned the hard day the american people are tired of the status quo. >> who are you going to vote for? >> definitely not this guy. >> you know your money got him elected last time. >> i didn't give that guy a dime. >> yeah, you did. our union gave him a big chunk of your dues money. hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote.
on all of the ports on the east coast of america? >> it would have been fairly significant if we would had a shutdown on all of the ports from the east to texas and it would affect importing, exporting, manufacturers who rely on inputs to production, farmers who are trying to get their products to market overseas, trucking companies who sold jobs to pick up containers at the ports this would have been felt fairly wide throughout the u.s. economy. >> can you put a number on it? can we look at previous shutdowns of ports and what they cost the u.s. economy on a per-dayis bahhis, for example? >> sure thing. when we look back at what happened in 2002 we had a full shutdown on the west coast with a ten-day lockout. that lockout cost the u.s. economy about $1 billion a day and it took more than six months to fully recover from. >> i have to think that a lot of retailers have already tried to make alternate plans because they were fearful this was going happen and so as a result have started to spend money. did some companies start airfreighting stuff instead which would be much more expensiv
was the majority leader. his wife elizabeth dole and he left the port and republicans voted down the street. he was recently released from walter reed military center. now an independent caller from ohio, lee. caller: good morning. i am calling about something i have not heard about. people willing to take the $15 or $20 extra they're getting from the to% tax break, it is coming off their pension when they retire. social security is based on what you contribute. host: you are talking about the payroll tax cut, extending that possibly as part of the fiscal cliff negotiations. caller: right. it will cost them in the long run. host: because the money is coming out of social security. politicians say that will not happen. they say social security will have its money. caller: they tell you all kinds of things. host: john in atlanta, democratic caller. caller: how are you? it seems like it is open phones. i think as far as the fiscal cliff is concerned, the democrats and republicans need to come together and they need to do that rather quickly, because that's the way i feel about it. host: do you thi
amtrak, as well as the port authority to start the regional discussions off. to make sure folks identify and we a process to identify the most cost-effective mitigation efforts. it's going to be critical that the regions, the two states, all the agencies work well together on this. it's really quite possible that if not done correctly, one mitigation investment could worsen the potential damage on a neighboring transit asset. this really needs to be done in a coordinated fashion that bridges all of the local players, all of the local agencies, state and local governments to make sure that the impact of hurricane sandy don't repeat themselves. i see i'm already over my time, so with that, i'll submit the rest of the statement for the record, and thank you. >> thank you, administrator. madam secretary? >> good morning. chairman men endezz, members of the subcommittee, thank you for the opportunity to testify regarding recovery from superstorm sandy. in my roll as deputy assistant secretary for grant programs at h.u.d., i am responsible for the community development program, the cbdg, the c
blow sometime soon not from the fiscal cliff, but from a union strike that could shut down major ports from coast to coast. should the white house step in? we're going to be talking smoot holly in a second. heather: former president george h.w. bush has been hospitalized for more than a month. what doctors are now saying about the former president's health. gregg: and from twilight twists to secret e-mails to the cia, a look back at the biggest scandals, scandals of 2012. oh, yeah, that was a scandal. heather: that's a big one. ash cd from capital one, sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purche, everday! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great sinesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? here's your invoice. heather: welcome back. an upd
. >> reporter: dr. jeffrey port of new york presbyterian hospital showed me what's supposed to happen before surgery even starts. >> we make a mark with our initials on the side of the surgery. >> reporter: the surgeon initials the correct limb. once inside the o.r., everything stops and they hold up a checklist. >> what is the procedure? does it match the consent? >> reporter: nurses should count the instruments and gauze sponges before and after surgery. and some hospitals use a new technology that dr. port pioneered. a tiny tracking chip attached to each piece of gauze. are surgeons taking this seriously? >> very seriously. >> and rich besser is here right now. so, you walk into the hospital, what's the first thing you ask? what's the first thing you do? >> reporter: well, you know, you want to make sure that your hospital is using this checklist, using this system. surgeons call these type of errors never events, because they are all totally preventable. you want to make sure your doctor is following those. >> what about taking your own magic marker and, whether it's you or whether it's
a billion dollars a day to the local economy. the two ports l.a. and long beach support 1.2 million southern california jobs. and they are the main gateway in the trade with asia in the weeks before christmas. they handle 47% of the container exports. >> reporter: if you split the ports apart. the la-long beach ports, they would be 1 and 2. together they are the largest. this has been going on for one week. 800 clerical workers walked on the line. 10,000 longshoremen won't cross that line. this port is 90% shut down. if you look behind me in the haze and fog you will see some container ships in port. just after shore you will see one of the many, up to 20 we are told that are just sitting out there. some of them have produce that could be spoiling as we speak. that can't get in here and it can't go out. so exports haved as well. you will see trucks lined up. the mayor says both sides have agreed to a federal mediator. he spoke to the media in the last hour. take a listen. >> we met all night. we have worked across the table with a number of proposals. it is still clear to me that we are some
not be so significant is the fact they're making it is significant. russia has a very critical port along the syrian course along the mediterranean the port of tartuse. russia is trying very hard to keep tear influence inside syria and may be trying to play both sides of the coin here. they want to keep assad so they have influence with him and to hedge their bet to gain as much influence with the syrian rebels so if the rebels win they get to keep the port which is their only naval port outside the russian federation. going forward this turned into a little bit of a proxy war. a number about weapons the rebels are getting especially coming from outside powers. obviously president assad has been resupplied by iran and russia. rebels being supplied by saudi arabia, qatar and also turkey so that both side here have little interest in a peace deal. more interestingly both sides, the saudis and the iranians, have an interest in trying to see this go on as long as possible and an interest seeing their side win inside syria. they're willing, more than happy in fact, to supply money and weapons
strike in the nation's port on the east and southern coast, the first since '77 that could cost retailers and importers billions. businesses now asking its white house to get involved. >>> you can now get the nokia lumia for free, depending on the service provider contract you sign s that standard practice or a sign the company's flagship phone suspect selling well? >>> we will start off with news about the fiscal cliff. congress returning to capitol hill today to try to get a deal done on the cliff before the deadline on december 31st. senate majority leader harry reid is working to see if the scaled backpackage the president laid out last week can get through congress before monday. meantime, treasury secretary timothy geithner says the government will hit the debt ceiling on monday and he is launching an emergency plan to avert a crisis. amm eamon javers is live. what do we know? >> the president is coming back early, a couple days earlier than his vacation. did a little bit of jogging, working out in the gym over his vacation. now he will be,ing would out on this fiscal cliff. the sen
are threatening to whack off the job on sunday. a walk-off could shut ports down from boston to houston. they move more than 1,400 million tons a year. >>> seaworld is known for its water shows and killer whales. iter and $80 million during the first nine months of this year. seaworld's other properties include two busch garden parks and sesame place in pennsylvania. duarte? erica ferrar. >>> thanks erica. straight ahead, your weather and in sports dwyane wade gets hit where it counts, in the wallet. this ill-advised attack on this player. >>> here's a look at today's ♪ aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ >>> here's a look at today's forecast in some cities around the country. new york, mostly sunny, 39 degrees. miami, mostly sunny, 77. chaurks occasional snow, 34 degrees. dallas, showers, 47. las angeles, mostly sunny, 63 degrees. >>> time now for a check of the national forecast. heavy w
port strike could paralyze the eastern seaboard. >> we are checking on your morning commute. we do have a problem in annapolis. w=!n [captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- >> you're watching wbal-tv 11. live, local, late-breaking. this is 11 news today at 5:00 a.m. >> good morning. >> thanks for joining us for 11 news today. it is purple friday. but first the weather. >> we are watching another chance for snow on
29 of the panel's recommendations. dozens of protesters turned out of the new jersey port to picket a container ship from bangladesh carrying goods for the retail giant walmart. the demonstration was after the factory fire in bangladesh that killed more than 110 workers. the factory have been used to make walmart apparel and the company allegedly played a role in blocking the improvement of safety conditions there. homeland security and port police blocked the demonstrators from approaching the ship as it unloaded its cargo. the action came as the bangladeshi government recommended criminal charges against the tazreen factory's owner for "unpardonable negligence >> leading up to the fire coming up, we will look at the situation in mexico with david barstow. a new study is predicting a current trends hold fatalities caused by guns in the u.s. will likely exceed those caused by traffic incidents for the first time by 2015. according to bloomberg news, while motor vehicle deaths dropped 22% from 2005 to 2010, firearm deaths are now on the rise from a low point in 2000. based on a 10-ye
to wow savings from banks. >>> and dock workers that we talked at four pacific northwest ports have moved closer to a possible labor clash with grain shippers. meantime, the parties in a larger separate dispute at 15 east and gulf coast ports have agreed to mediation. the ports face a strike deadline set for december 30. >>> and a new jersey pension fund is suing the nyse euro next or its proposed $ 8.2 billion sale to i.c.e., saying it undervalues the company stock. the lawsuit seeks class action status on behalf of other shareholders and aims to block the sale. another case of just -- you know, too many lawyers, too little to do. >>> and -- or not. i'm just -- we should put commentary on that. shouldn't we? but every time any deal is announced, there's always going to be some shareholders that wish they got more. and there's going to be a willing lawyer to say, okay, i'll take the case. >> pretty healthy premium. >> yeah. exactly. but that doesn't mean a lawyer -- >> it may not be enough. >> it's never enough. if you're going to wear a brioni tie. nice. did i out you? >> why, are those
's transit and port authority. >> good morning, welcome everyone to today's hearing, the challenges our region's public transit and housing base as a result superstorm sandy has been addressed -- tough morning. we started with a hearing on the loss of our ambassador from libya. those challenges, just had opening ceremony for senator o inouye line in state and now the devastation the northeast region -- has been a tough day but we appreciate our witnesses being here to shed some light and hopefully some commitment by our colleagues to meeting our challenges. as you all know sandy's destructive force overwhelmed the region particularly in new jersey and new york and the result is massive unprecedented damage, unprecedented but this was our second hurricane in two years and we expect extreme weather like this to become more common for our region. because we need to prepare for the next storm is not enough to spend our time today simply discussing how we restore our housing and transit infrastructure to their vulnerable free storm condition. in my view now is the time to determine what a
and farmers are bracing for possible strike. lori: no way. tracy: right. that could shut down ports from boston to houston. 15,000 dock workers are preparing to strike after this weekend. after contract negotiations between international longshoremen's union and shippers broke down. groups are calling on president obama to step in, believe it or not to avoid billions in losses. they're citing a 2002 lockout at west coast ports, at west coast ports that caused the economy one billion dollars a day. this is after a push by federal mediators, the two sides agreed to come to the table again. no word when those talks are scheduled. the only up shot to the whole thing, lori, the big shipping season is over. lori: that is one of the mitigating factors. tracy: it might not be as damaging to the economy. we're talking about royalty fees here. lori: we're talking about royalty fees. a union story. union having more of an influence given size of this economy and industry. this is what the critics are saying about it. more big bad union news there for you. let's check the markets. stocks are off the
"battleground dispatches." >> reporter: when residents of this port city wake up, even if there wasn't a storm that night, they regularly find some streets flooded from high tides. it is a far cry from the storm surges brought by sandy further up the coast, but that super- storm, which hit the week before election day, brought to the surface the issue of rising sea levels, the vulnerability of coastal cities and what can be done to protect them. in national exit polls, 64% of voters said that president obama's response to the hurricane was a factor in their decision. >> what i will be doing in the next several months is having wide ranging conversations with scientists, engineers and elected officials to find out what more can we do. >> reporter: mr. obama might look to norfolk, where they have been having those conversations for years. >> as we get more high tides and tides seem to get higher and we get more of these storms and they seem to come with a little more fury we get more and more water in our city as the days go by, so we are taking it very seriously. we talk about it nearly monthl
cormick. this is the one. larry in washington, larry? >> caller: boo-yah from port angeles, washington, jim. >> i'm liking that. >> caller: what do you think about american axle? you recommended that a few months ago, are you still hot on it? >> yes, i am. i think that is absolutely terrific. it's going to be big, the trucks port is going to be big. i like it. i want to own it. now let's go to emile in new york. emile? >> caller: hi, jim, how are you doing? >> couldn't be better. how about you, partner? >> caller: doing great. what are your thoughts on a long position in tdg for the upcoming year? >> oh, man, come on, aerospace, i love it. the stock is up 50%. >> buy, buy, buy! >> i think it's a terrific stock and i want you to own it, particularly if it gets any weakness. i want you to buy, buy, buy. and that, ladies and gentlemen, is the conclusion of the "lightning round." >> the "lightning round" is sponsored by td ameritrade. >>> coming up -- waiting for washington to rise above? get your portfolio prepared for whatever happens call, tweet, or e-mail and find your way to the latest edition of "am i d
ports from massachusetts to texas. >>> stock prices have doubled since march '09 and that hasn't stopped american investors from selling stocks five gleers a row. an associated press analysis shows individual investors have pulled at least $380 billion u.s. stock funds from april 2007 and it's the first time ordinary investors have sold during a bull market since world war ii. >>> mortgage rates headed down last week according to freddie mac. the 30-year fixed rate average was 3.35%, just 0.04% from the 40-year lowest on record since 1971. the average on 30-year fixed rates was 3.66%, the lowest in 65 years. michelle, it seems like a good time to buy. >> yeah, maybe. >> thank you, seema, if you can get the loan. >>> why when we just upgraded their trade status in we're about to get answers from a russian expert just ahead. [ male announcer ] this december, remember -- you can stay in and share something... or you can get out there and actually share something. ♪ the lexus december to remember sales event is on. this is the pursuit offection. report. i'm michelle caruso-cabrera. >> gun
the school exactly where it was in indiana, we did smart things in terms of rebuilding a port that was smarter than there was before. first and foremost, we have to find ways to not stand in the way of the smart decisions but to encourage them. with whatever money we have, that will allow the money to go farther and be smarter. a second, and you will see what we provide our supplemental request, you will see that we propose to invest in mitigation. we know from studies that for about every dollar that we invest in mitigation, we get $4 back in avoided costs over time. that is something we have to recognize as we go in. the federal government investing in these, and making a specific part of this proposal in each of the areas will be important. i would hope parted the reason the president asked me to do this, i've worked in the private sector in new york and new jersey. behooved there is a real potential here -- there is a real potential here. if we are avoiding future costs, avoiding private sector costs in the future, there should be a way to capitalize the benefits in the fu
issues as they relate particularly to our ports, because she is known for her work with the port of long beach and i have ports in my district as well. and will be missed on the women's softball team. we are friends here. we are colleagues here. we bring our human qualities. and we bring our leadership skills. and the california delegation makes me proud every day and in the next congress, it will be the memories and the service that has been given to us from these colleagues of ours. and that's why i thank you, mr. miller, for setting aside this hour for us to share our thoughts. >> i saw that andrew and hunter are here. the stark kids. i would like to yield to congresswoman barbara lee. ms. lee: thank you very much. and i want to thank you, congressman miller, for organizing this special order tonight. first to congressman pete stark, who is our departing dean of the california delegation, congressman stark represents a district right next door to my district in the east bay of california, northern california. i just have to say, i have known congressman stark since i was the president
it happened and what the coast guard is doing to get it safely back to port. uma: we are following some disturbing developments out of iran. the country's navy is reportedly test firing a range of weapons including torpedoes and missiles near the strategic strait of hormuz, a vital passageway for 1/5 of the world's oil supplies. joining us to the discuss the possible ramifications, aaron david miller, a former advisor to six secretaries of state and vice president of the woodrow wilson center. great to have you here today. >> great to be here, uma. uma: how concerned are you by the recent actions of by iran regarding this test firing going on by the straits of hormuz? >> happy new year, and by the way this is really the mullahs way of extending a happy new year to the administration as well. these are aer is series of six-day integrated exercises to demonstrate and show that the iranians can take care of their own business and defend their coastline and if necessary, if necessary, put up an offensive deterrent capacity in the event they're struck by the united states and israel. i think
deep water port on the east coast. we are planning to take full advantage of the panama canal and the changes coming there soon to bring commerce into virginia. we are aggressively building our rail system, going from the port of virginia west to get that traffic out west. we just announced that we are building and other highway, a tall access highway. one of the primary purposes is to bring truck trafficking from the port of the virginia inland a connected directly with i-95. that will help us bring newcomers in. i want to mention something that has been a little tabooed as of late. the governor is not ashamed of it at all. we have taken full in of it. that is incentives to business. the governor has put significant additional resources into our virginia economic development partnership. funds he has at his deposal -- disposal but also resources to build up infrastructure we need to do in virginia. the was a piece in the new york times recently that criticized the use of that. in virginia, some of the things that were pointed out as concerns, the fact that they neglected to i
of the ports and knowing that deepening needs to be there, he's shown courage when he helped us in the fight against national labor relations board and the unions that tried to take boeing down. he has shown it with his fiscal representation and the fact that he knows the value of a dollar. of he understands what every family and small business goes through, and he has stayed consistent to that. it also shows for the fact that this man loves south carolina. and he is very aware that what he does and every vote he makes affects south carolina and affects our country. and so it was with that that i knew that he was the right person. i have no doubt that he will fly through 2014. i am strongly convinced that i and the entire state will be, the entire state understands that this is the right u.s. senator for our state and for our country. what i will also tell you, and it is very important to me as a minority female that congressman scott earned this seat. he earned in this seat for the person that he is. he earned this seat for the results he has shown. he earned this seat for what i know he's
or the bears? the traders' take ahead of the opening bell. a port strike is looming. we'll ask retail federation matthew shay about the billions of dollars that could be at stake. plus, what he thinks of the holiday retail numbers. let's look at the futures as we head to the opening. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. it's another reason more investors are saying... to the best vacation sp(all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seaf
out all these amazing ports sweater built- in you have an slot for you to picture camera and pitchers, 2 usb ports and usb three technology which will allow you to transfer data that a standard usb you have a thunderbolt and that is something that intel and apple developed to allow you to transfer it permission 10 times faster than usb since you can in the south at a faster rate. there's also an intel five core processor it has made it a mac daddy of laptops. >>host: allegis declined in the left again and if possible i want to keep the flex payment arrangement at the bottom of the screen for most of the airing6 c13 they allowed me 5 flex payments only for the show in the show only. you only have 20 minutes to qualify for the flex payments on the tv and 20 minutes to qualify for the flex payments on the apple macbook pro this is all final quantities for the year and also has free shipping for which we never do on our computers. and bill is right because mac is famous their videos, and in the activities and their ease of use and the other thing is that there really famous for is how t
. what should they be doing. >> very simple. more sea, less ports. i'm a big fan of the time you spend at sea. i think there's nothing less desirable than being in port with a straw hat trapped on a bus going to a location. >> where everybody's sent. >> you don't have to always be herded on and off the ship. >> how about travelers? what's your gift for them? >> no more entitlement issues. you're not entitled to anything other than to be nice. you know what? by the time you get to that counter or gate the person who works for that airport or airline have been abused by their own company before you got there. why not be nice. once you're nice they marry you. >> it takes no energy. >> and do what my mother always told me, write your thank-you letters. >> peter greenberg going out on a limb. thank you very much. >>> two weeks ago we reported on a case of jon hammar, a marine veteran who was locked up in mexico for four months. he's on his way home for christmas. as jim axelrod reports the return trip has not been easy. >> reporter: when he crossed over the border into
pulling into port in galveston after passengers and crew members came down with what's called the norovirus. it usually leaves its victims miserable with stomach flu-like symptoms. and some passenger credit the crew for containing the outbreak. >> we had the norovirus and they come fined us to our rooms for three days. >> it was terrible. i thought i was dying. >> they were very good at taking care of us and took care of all of our needs. >> the ship run by princess cruises left venice italy december 2nd for a 20 day cruise. a family trapped inside a burning home, the first stop on our trip across america. south dakota, firefighters say the home was already engulfed by the time they arrived at the scene just after eight o'clock this morning. sioux falls say that three children did not make it out alive found in one room on the second floor of the home. two adults managed to escape and are hospitalized. no word what started the fire. >> florida, suburban orlando, a business robbed of $30,000 broad daylight outside of his store and the whole thing caught on tape. it takes the su
through the port, the most damning recommendation was number one n. a post 2001 intelligence collection that expand expanded, the benghazi attacks are a stark remind they're we cannot overrely on the certainty or even likelihood of warning intelligence. careful attention should be given to factors showing a deteriorating threat situation in general as a basis for improving security posture. key trends must be identified and used to sharpen calculations. to me what's implied there is since 9/11, we might have increased our security and intelligence capabilities and seem to have gotten complacent in feeling like the terror threats around the world are not as dangerous perhaps as we know them to be now. >> there is no doubt when i was in a major threat and attempted assassination and my security went up triple fold. what is most devastating was that the security office eric nordstrom who testified on the hill several months ago with the people i believe that the taliban is within the state authority. they had the situation in kwlab and this was no surprise to anybody including me and yet t
ports. a work stoppage to cost the economy $1 billion a day. it's friday, december 28th, 2012. and "squawk box" begins right now. >>> good morning and welcome to "squawk box" here on cnbc. and it does feel like we're living a bit on the edge of the fiscal cliff, at least. i'm andrew ross sorkin along with joe kernen and becky quick is off today. our guest host this hour, ed kehone. he's the management associate portfolio manager and we are thrilled to have ed aboard for -- i think you'll be here for longer than an hour. you'll be here for the whole broadcast. >> as long as you need me. >> you're like -- how long were you at -- you were at prudential. >> it's owned by prudential, so i've been at peru don'tal for almost 15 years now. >> widely quoted. you know who has made a comeback is ralph -- >> akampora. >> i've seen him around. do you remember his nickname? >> i don't. >> whatever you think of him, he's a great guy. >> he's a good guy. >> ed is going to try to make us slightly -- >> be a little sensitive. let's get you some some of the morning headlines. the biggest one bei
at 14 different ports from walking off the job. the national association of manufacturers puts the cost of a potential strike at $1 billion a day. retailers could potentially deal with higher potential costs which could be passed on to you and i. >> cnbc's seema mody, thank you. >>> the most annoys words of 2012. the marist poll released its poll. twitterverse. number 4 is just sayin'. number three -- ya know. number two -- like. and for the fourth conservative year, americans consider "whatever" especially spoken with at attitude. those are the most annoying words or phrases in conversation. ♪ ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. >>> to politics. it's the first full day for brian schatz he was sworn in in hawaii. he's replacing daniel inouye who passed away. president obama will have to look for a new epa chief now that lisa jackson resigned. she'll officially step down after the state of the union. the chief of staff is saying, quote, put the hearts back in the closet. he r
's principal helped save her life. heather: bracing for what could be a big strike at some of the biggest ports in america. dock workers could be hitting the picket lines on the east and gulf coast this week. we'll take a closer look what kind of impact that could have on the economy. gregg: mother nature not making it easy for millions of folks rushing to get home for christmas. we're live at the nation's busiest airport. [ roasting firewood ] ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. gregg: a week after the school shooting in newtown, connecticut, and we're still hearing many stories of heroism in the middle of all that violence. we're hearing from a woman that worked as a reading consultant in the elementary school. she said the principal saved her life when the gunman opened fire. >>> my principal dawn hochsprung and mary sherlach, they went out in the hall to check out the noise. they didn't know it was gunshots. when they realized it was gunshots, natalie hammed monday,
walk off the job at 15 ports at 12:01 a.m. on december 30th. this includes the port of new york and new jersey, which is the largest on the east coast, handling more than $200 billion worth of goods in 2011. a lot of that from china. the basic issue is this. there are container royalty fees which supplement wages. the employers want the amount capped. the dock workers do not. this is such a big deal florida governor rick scott sent a three-page letter to the president late last week urging him to intervene, quote, the predicted effects of a strike on the state of florida would be devastating. it currently generated 550 direct and indirect jobs in florida and contributes approximately $66 billion in economic value to florida's economy. governor scott invoked the taft-hartley act that says the president can intervene with labor disputes that, quote, imperil the national health or safety, end quote. the u.s. mx said the stoppage in the west coast a decade ago cost the economy about $1 billion a day. reportedly the unions offered to extend the contract through january was rejected. if there
shut down more than a dozen east coast ports. business groups and lawmakers say a strike could cost billions of dollars and affect hundreds of thousands of jobs. a strike could begin this sunday after a current union contract expires. more than 14,000 workers handling 95% of the cargo on the east coast expected to walk off the job. >>> his first inauguration drew 1.8 million people. but it will be a lot easier to find a room for president obama's second inauguration next month. the capitol expecting less than 800,000 people this time around. many hotels say they still have rooms available and at cheaper rates. inauguration day is january 21. those are your headlines. >> clayton: as we mentioned, at least 357 flights have been canceled today. so what can travelers expect? katherine is live at logan airport in boston with more on those flight delays. hey, katherine. >> yeah, good morning. i went into logan very early this morning around 4:30. lots of travelers getting on their way. so far, so good. a lot of them have not been affected by the storm, at least not yet. two flights to dal
's busiest port is back in business. this is after an eight-day strike. thousands of workers in los angeles and long beach headed back to the docks this morning. clerical workers walked off the job last week over outsourcing concerns. the union dock workers then refused to cross the picket lines. the strike ended last night with a tentative contract agreement. >> we're going to get service and cargo moved throughout this supply chain in the country and get everybody those christmas presents >> it is estimated the strike cost the u.s. economy $1 billion a day. >>> all right, roberta gonzales. in for paul deanno, good to see you. >> always good to see you, dana and allen. [ laughter ] >> both of you. i think you guys just allowed me it come in to dry off for a couple of days here after a soaking week. boy, today did we have plenty of precipitation around the bay area. good evening, everyone. let's go ahead to berkeley where today, nearly 9/10ths of an inch of rain fell just today alone so people were out and about with their umbrellas and everybody has been asking, what does this mean for the
'll certainly remember reprovided a lot of flexibility to do smart thicks in terms rebuilding a port in a way that was smarter than there was before. so first and fore most, we have to find ways not at the federal level to stand in the way of the smart decisions, but encourage them. with whatever money we have, that's going allow the money go farther and to be smarter. second, we will, and you will see when we provide our supplement request for the administration this week with, we propose to invest in mitigation. we know now from studies fema and elsewhere that for about dollar we invest in mid gracious. we get $4 back in avoided cost over time. that's something we have to recognize as we go in. and so the federal government investing in these recognizing the fiscal limit we have but investing in a smart way, making a specific part of this proposal in each of the yours that we go forward focused on mitigation is going to be important. the third i would say i hope part of the president asked you to do this. i worked in the private sector in new york and new jersey. one of the things i know th
. you also have one of the largest and most important ports in the long beach area. there is another program specifically designed to enhance port security. host: $98,000 was spent on an underwater robot in columbus, ohio. is it harder for urban areas outside of metropolitan areas to justify the grants and find ways to use them? are there hurdles in getting money or not? guest: generally speaking, it tends to go to the larger jurisdictions, because as you would imagine, those are the ones at the greatest risk and potential targets for terrorists. most of the money would go to places like new york, chicago, miami, los angeles, dallas, places like that. however, over the years, some smaller areas have been able to receive some money. columbus is an illustrative case of that. host: barbara on the independent line. caller: there have been security breaches at nuclear plants. people coming in that were not employees. what kind of funds are going to be provided for states with nuclear plants against terrorism attacks? guest: that is one of the key focuses of dhs grants, as you correctly po
-born oil and gas magnate, was last seen driving his motor boat through port everglades florida. sips then there is family battle over his $100 million fortune. >>> a brand new study finds decline in obesity rates among young children from low income families. centers for disease control saying it is a sign the obesity epidemic might soon be under control. harris: an eye-popping scene in southern california. a sinkhole swallowing a city bus. a water main break caused major flooding in oceanside and tore apart the road. the driver didn't know that and drove the bus head first right into it. he was able to crawl out of a window safely. nobody else was on the bus, fortunately. the city had to turn off water for 400 homes to fix the problem. a public works official saying it is good reminder not to drive through standing water, sometimes there is no road underneath. jon: good reminder. right now parts of the south getting a look at the devastation caused by tornados that swept through on christmas day. a feeling one alabama church knows all too well. alberta baptist church in tuscaloosa,
. >> brian: i have the roll on. by the way, why would you get the ports scent. >> steve: you are a ports guy. >> brian: that's true. >> gretchen: next up on the run down, take it away. >> brian: go ahead. >> gretchen: you take it >> brian: i will go. eat your burger would you want taking your wrapper off. can you say lazy. now you guys go. >> steve: turbotax tim may be leaving the days of secretary of treasury behind him. does he have his eye on another high profile post in washington. stewart varney is next. >> gretchen: oh, my god. ♪ ♪ the world is supposed to end on friday. today giants said they want their money now. . want our money right now. that's not good. ♪ ♪ [ male announcer ] with free package pickup from the u.s. postal service the holidays are easy. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. if you're a man with
. that have helped rebuild our roads, bridges, ports, locks, dams, levee, high speed rail, light rail, and bus systems. those have made a real difference in people's lives. and also the reason i got on the transportation committee in the first place. we had two of the most deadly roads in america in jefferson county, missouri. we got special funding for those to help rebuild those roads to not only help their economy, but to save lives. and also for firefighters recently were able to obtain a federal grant for special patrol boats, rescue boats on the mississippi river that will serve the region for years to come. so these kind of investments are important and i want to urge this new congress that will be taking over in just a few days to pass a major transportation bill. it's one of the best investments we can make in this country. to continue to grow this economy. and we see after growing out of this great recession of the last few years the recovery act passed. auto industry saved. major wall street reforms passed . health care reforms passed and stem cell research measures adopted in unpre
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